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RIM plunges 12% in early trading
Posted on June 26, 2008
Shares of Research In Motion Ltd. fell 12% in the first hour of trading on Thursday after the BlackBerry-maker s disappointing first quarter results. The stock was down $17 to $127 in Toronto at 10:35 a.m. ET, sparking a 125-point decline for the S&P/TSX composite index.Despite the sell-off, analysts remain bullish on RIM and say this may present a buying opportunity for investors. ...
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